[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Democrats Are Cheaters

Derek Chauvin's FaTe ... Is Now in The Hands --- of The Jury

Fools' overture

Democrats Are Terrified of Georgia

Climate Media vs. Climate Science

Why We Black Leaders Support Voter ID Laws

Pelosi: ‘No Plans' to Bring a Court-Packing Bill to the House Floor – at This Time

B-1 Bombers Are Deploying To Norway For The First Time With An Eye On Nearby Russia And The Arctic

High School Coach Fired After Refusing To Enforce “Insane” Outdoor Masks During Sports

CNN Says Chinese-Style Fonts Are Racist

Gran Torino Denounced for Anti-Asian Racism

'It Is Still Not Safe To Go Outside,' Says Fauci's Head In A Jar In Year 2739

Biden Re-Ignites the Waco Fire

Over 500 White People Have Been Killed By Cops Since 2020. There Has Been No Rioting Over Those Deaths.

Buttigieg on Exaggerated Infrastructure Jobs Estimate: ‘I Should Have Been More Precise’

Videos - ChrisTians Tear Down MeTal Fences ... Denounce The Closure Of GraceLife Church --- Due To A COVID-19 ResTricTions

Pete BuTTigieg ... To evangelical vaccine hold-ouTs --- Maybe iT's parT of God's plan

TINHORN FLATS ... The Symbol of Modern Day America --- AgainsT Tyranny

This Trial is a ToTal sham ... The enTire power of The sTaTe - media - lefT-wing shock Troops - counTry's finesT legal TalenT ... is being deployed againsT Derek Chauvin.

A few billionaires currenTly have The power To decide ... ThaT some Americans’ speech righTs are more sacred Than oThers --- Clarence Thomas offers a remedy.

Biden Defense Secretary Orders Several “Immediate Actions” to Weed Out ‘Extremism’ in the Ranks

Target selling book that includes prayer to 'hate white people' in 'Religion' section

America is losing its religion — and the effects will be long-lasting

Conservative Grassroots Begin to Take Back Wisconsin

Ron DeSantis Is What the Post-Trump GOP Should Look Like

White House pushes back on conservative argument over Georgia, Colorado voting laws amid MLB dispute

Why Conservatives Keep Losing The Culture Wars

Ex-Trump aide Stephen Miller forms conservative law group to challenge Democratic policies in court

Senate Democrats support conservative-backed Texas bill requiring pro-sports teams with state contracts to play national anthem

Pennsylvania agrees to remove dead voters from voter rolls

Nazi bitches wanna know Why did it take several months for GraceLife church to be closed down?

AnoTher Mass ShooTer Excused By The Media For ... BuTchering Five People --- In The Name of ResToraTive Murder

Fence goes up around GraceLife Church in Alberta after health officials "physically close" facility

Legacy Media Corruption Is At The Heart Of Our National Conflict

Pastor Who Threw COVID Officials - Police OuT Of His Church ...‘They’re AcTing --- JusT Like The CommunisTs’

Democrats demand I.D.s for everything but voting

BLM leader ThreaTens ... DemocraTs citTes ‘will burn’--- if Chauvin found noT guilTy…

The MLB Has Chosen a New City for the All Star Game. There Are Major Problems.

Res ipsa loquiTur - The ... Thing iTself ... speaks

Quite A Day In The Right Turn Against Corporate America

How Mark Zuckerberg Almost Handed Texas To The Democrats

Anyone Using the ‘Jim Crow’ Charge as a Political Weapon Should Hang His Head in Shame

Biden’s Bipartisanship Lie Will Cost Dems the House

Stop Worrying About Conservatives Refusing to Be Vaccinated

'Loving thy neighbor:' New ads urge conservative men with vaccine doubts to get their COVID shots

Legislature’s conservative Bastiat Caucus members say they aren't extremists, but principled Republicans

A way too early guide to the 2024 Republican primary

Polish Pastor Chases Cops Out of Church on Easter Weekend: ‘Get Out! You Nazis!’

Police defunded: Major cities feeling the loss of police funding as murders, other crimes soar

Laura Ingraham: Biden, Abrams on Ga boycotts – here's what happens when reality bites social justice warriors


Status: Not Logged In; Sign In

Business
See other Business Articles

Title: Foreclosure Filings Drop To Five-Year Low In September
Source: Los Angeles Times
URL Source: http://www.latimes.com/business/mon ... ytrac-20121011,0,3876992.story
Published: Oct 11, 2012
Author: By Jim Puzzanghera
Post Date: 2012-10-11 11:15:18 by Brian S
Keywords: None
Views: 1152
Comments: 2

WASHINGTON -- Foreclosure filings fell in September to their lowest level in more than five years as a housing market rebound showed another sign of taking hold.

Substantial decreases in California and some other states hard-hit by the collapse of the housing bubble helped reduce filings to 180,427 last month, down 7% from August and 16% from a year earlier, according to foreclosure listing firm RealtyTrac.

The last time filings were that low was in July 2007.

Filings for the three-month period ending in September also were the lowest since the fourth quarter of 2007. RealtyTrac said there were 531,576 filings in the period, down 5% from the second quarter and 13% year-over-year, the ninth-straight quarter with an annual decrease.

“We’ve been waiting for the other foreclosure shoe to drop since late 2010, when questionable foreclosure practices slowed activity to a crawl in many areas, but that other shoe is instead being carefully lowered to the floor and therefore making little noise in the housing market — at least at a national level,” said Daren Blomquist, vice president at RealtyTrac.

“Make no mistake, however, the other shoe is dropping quite loudly in certain states, primarily those where foreclosure activity was held back the most last year," he said.

Those states, where a court order is required for foreclosure, include Florida, Illinois, Ohio, New Jersey and New York. They saw substantial increases in year-over-year foreclosure filings after complaints about robo-signing and other problems led to a slowdown last year, RealtyTrac said.

“A backlog of delayed foreclosures will likely build up in those states as lenders adjust to the new rules, with many of those delayed foreclosures eventually hitting down the road,” Blomquist said.

But states such as California, where no court order is required for foreclosure, saw their activity fall. Of the 24 so-called non-judicial foreclosure states, 20 reported a decrease in the third quarter compared to the previous year, led by Nevada, which was down 71%.

California foreclosure filings were down 29% in the third quarter compared to a year earlier.

Much of the improvement for the third quarter came because of steep drops in filings in September, RealtyTrac said. California's filings dropped 45% last month compared with a year earlier, while Arizona was down 34%, Michigan 22% and Georgia 21%.

Foreclosure starts also dropped in California in September, falling to the lowest level since December 2006. Subscribe to *Obamanomics On Parade*

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Brian S (#0)

www.zerohedge.com/news/20...ures-slide-five-year-lows

SJN  posted on  2012-10-11   12:50:29 ET  Reply   Trace   Private Reply  


#2. To: Brian S (#0)

*Obamanomics On Parade*

Take me OFF your ping list, or I will commence shitting on EVERY thread you post.


"I am relying on my personal experience with Morons, which have been universally positive." -jwpegler

Capitalist Eric  posted on  2012-10-12   11:32:39 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com